Q&A: How Do Presidential Elections Impact the Housing Market?

Q&A: How Do Presidential Elections Impact the Housing Market?

Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market. When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decreased in the months before and home prices and sales increased the year after the election.

The facts show Presidential elections only have a small and temporary impact on the housing market.